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As economic growth languishes and worries about the specter of deflation mount, much-needed infrastructure development and new sources of project financing could provide a panacea to global growth.

It is essential for companies to work with banking partners they know they can trust. Global Finance’s annual ranking of World’s Safest Banks have been the recognized and trusted standard of financial counterparty safety for more than 20 years.

This year, we updated the name of the awards to reflect the extent to which digitization is transforming our lives in general and banking in particular. By renaming this as the Digital Bank Awards, we are making the competition more inclusive of current technology and more future-focused in anticipation of developments still to come.

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By Don Clark The race to build smarter cars is prompting another race--to supply the chips that make those vehicles clever. NXP Semiconductor Inc. stepped on the gas on Monday, agreeing to buy Texas-based Freescale Semiconductor Inc. in a cash-and-stock ...

By Hiroyuki Kachi The dollar lost 0.4% against the yen Tuesday, as a lackluster Tokyo stock market and jaw boning by a Japanese government adviser took the legs from the greenback's overnight rally, pushing it below the Y120 mark. Around ...

By John D. McKinnon WASHINGTON--The Internal Revenue Service on Monday confirmed it would allow illegal immigrants benefiting from President Barack Obama's recent executive action to file for tax refunds for prior years, fueling an outcry from Republicans. The IRS explanation ...

By Mike Spector And Christina Rexrode Lender Springleaf Holdings Inc. said Tuesday that it has agreed to buy Citigroup Inc.'s OneMain Financial for about $4.25 billion in cash, a purchase that will create a U.S. subprime giant. The combined Springleaf-OneMain ...

By Jeannette Neumann BARCELONA-- Caixabank SA on Tuesday said it plans to quadruple a key measure of profitability during the next four years by clamping down on costs and boosting revenue amid Spain's modest economic recovery. Spain's No. 3 bank ...

By Scott Patterson Commodities trading came to the rescue of Glencore PLC last year, helping offset a sharp downturn in raw-material prices that hit the group's mining operations hard, leaving profit down by 7% before acquisition-related and other charges. The ...

By Scott Patterson Commodities trading came to the rescue of Glencore PLC last year, helping offset a sharp downturn in raw-material prices that hit the group's mining operations hard, leaving profit down by 7% before acquisition-related and other charges. The ...

By Josie Cox European stocks inched higher Tuesday, fueled by forecast-beating German data and advances on Monday in the U.S., which saw the S&P; 500 and the Dow Jones Industrial reach fresh record highs. The Stoxx Europe 600 index added ...

LONDON--Pharmaceutical giant AstraZeneca PLC (AZN.LN) said Tuesday it has completed the acquisition of the rights to Actavis' branded respiratory business in the U.S. and Canada. As announced on Feb. 5, the transaction strengthens AstraZeneca's respiratory franchise globally and builds on ...

By Patricia Kowsmann LISBON-- Isabel dos Santos, Africa's wealthiest woman and the second-largest shareholder of Portugal's Banco BPI SA, on Monday reacted to a takeover bid for that bank by a Spanish lender by suggesting another deal instead: a merger ...

The annual rate of inflation across the world's developed economies more than halved in January, reaching its lowest level since the recession that followed the global financial crisis. While consumer prices rose at a faster pace in a small number ...

By Ben Dummett and Archibald Preuschat BARCELONA-- BlackBerry Ltd. said Tuesday a new touch-screen phone will be one of four devices it launches this year, as it bolsters its turnaround effort---which is geared to selling mobile security software to enterprises--with ...

By Rita Trichur And Judy McKinnon Bank of Nova Scotia raised its dividend on Tuesday and reported a 1% increase in its fiscal first-quarter earnings, capping off what has largely been a quarter of sturdy profits for Canada's biggest lenders. ...

By Anne Steele Poor weather conditions modestly dented the pace of U.S. auto sales in February, but did little to sour America's increasing thirst for the trucks and SUVs that tend to be pricier than passenger cars. Several auto makers ...

By Mike Cherney Actavis PLC sold $21 billion in bonds on Tuesday and lowered the yields on the deal, reflecting strong investor demand for a bond that ranks as the second-largest corporate offering on record. The bond sale, which will ...

By Eliot Brown Some of Silicon Valley's biggest companies are on a real estate buying binge, paying premium prices to make sure they have enough space for future expansion. Facebook Inc. is the latest to dive in, agreeing last month ...